News
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Sep- 2015 -16 September
Richemont Group posts 4% sales rise
Richemont has announced its sales for the five months ended 31 August 2015 increased by 4 % at constant exchange rates. Ahead of its Annual General Meeting held today in Geneva, Richemont announced that at actual exchange rates, sales rose by 16%, positively affected by the weakening of the euro against the…
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15 September
357-carat white diamond sold for $19.3m
British global diamond mining business, Gem Diamonds Limited, has announced that an exceptional 357-carat white diamond has been sold $19.3 million. The diamond, which was recovered from the Letšeng mine in July this year, went on tender in Antwerp last week. Gem Diamonds CEO, Clifford Elphick, said: “The Letšeng mine has produced…
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14 September
Lacklustre August as retail footfall drops again
Footfall in August was 1.6% lower than a year ago, down from the 1.1% fall in July, according to the latest figures from the British Retail Consortium (BRC) and Springboard. This was below the three-month average of -1.4%. Both high streets and shopping centres reported a decline, falling 2.3% and 2.8%…
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14 September
Gem-A reveals speaker line-up for 2015 conference
The Gemmological Association of Great Britain (Gem-A) has announced the programme of speakers for its upcoming annual international gemmological Conference 2015. This year’s event will incorporate the Federation of European Education in Gemmology’s (FEEG) International Symposium of Gemmology, taking place from 21–22 November at RIBA Venues, 66 Portland Place, in…
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11 September
Tiffany wins trademark case against Costco
Global jewellery brand Tiffany & Co has won a landmark trademark dispute against Costco in the US. The case concerned Costco’s claim that ‘Tiffany’ is a generic term for a pronged ring. The court found that Costco was liable for trademark infringement and trademark counterfeiting in its use of ‘Tiffany’ on…
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10 September
New international diamond trading platform to launch
A new international electronic diamond trading exchange is due to launch after an announcement by security and transport firm Brink’s, and Diamdax. The two companies said the strategic joint venture will “re-write the convention” for professional diamond trading. In statement, the two firms said: “Combining Brink’s 155 years of expertise in…
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7 September
NAJ launches code of conduct at IJL
The recently launched National Association of Jewellers (NAJ) has outlined its ‘Code of Conduct’ at the International Jewellery London Exhibition taking place between September 6 and 8. Agreed in June 2015, the association has set itself ambitious goals for the future and will build upon and develop the strengths of…
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7 September
IJL 2015 in pics
With International Jewellery London (IJL) into its second day, we have compiled a photo gallery with some of our highlights so far.
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4 September
Four plead guilty to Hatton Garden jewellery heist
Four people have pleaded guilty to their involvement in the Hatton Garden raid, which saw more than £10m worth of jewellery taken. John Collins, 74, Daniel Jones, 58, Terry Perkins, 67, and Brian Reader, 76, all pleaded guilty to conspiracy to burgle during a hearing at Woolwich Crown Court this…
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4 September
VIDEO: Parify to launch new LED light system at IJL
Lighting company Parify has released a video showcasing its new rotating LED light system that it is set to showcase at this year’s International Jewellery London (IJL) exhibition. Designed to create sparkle in gemstone displays, the revolving 6 x 140lm 6000k 1w LEDS is coupled with a 45-degree beam angle.…
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